Posabit Systems CorporationPP

Posabit Systems Corporation

0.0514USDD
−0.0061−10.61%
Last update at Mar 20, 19:15 GMT
USD
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POSAF fundamentals

Key facts

Market capitalization‪8.04 M‬USD
Basic EPS (TTM)−0.04USD
Founded2017
CEORyan Hamlin
About

POSaBIT Systems Corp. engages in the provision of financial infrastructure. It offers point-of-sale software as a service and cashless payments. The company was founded by Ryan Hamlin on June 12, 2017 and is headquartered in Bellevue, WA.

Ownership
‪‪156.50 M‬‬
Free Float shares
‪‪101.34 M‬‬ (64.76%)
Closely held shares
‪‪55.16 M‬‬ (35.24%)
Free Float shares
‪‪101.34 M‬‬ (64.76%)
Closely held shares
‪‪55.16 M‬‬ (35.24%)
Capital structure
Market cap
‪‪8.04 M‬‬
Debt
‪‪4.54 M‬‬
Cash & equivalents
‪‪907.02 K‬‬
Enterprise value
‪‪11.67 M‬‬

Valuation

Fundamental metrics to determine fair value of the stock

Summary
‪‪8.04 M‬‬
Price to earning ratio (P/E)
Price to sales ratio (P/S)
0.59x
Market Cap
Net income
Revenue
Price to earning ratio (P/E)
Price to sales ratio (P/S)
0.59x
Valuation ratios
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪0.00‬
‪0.35‬
‪0.70‬
‪1.05‬
‪1.40‬
P/S

Growth and Profitability

Company’s recent performance and margins

Performance
‪−58%‬
‪−46%‬
‪−34%‬
‪−22%‬
‪−10%‬
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪‪−14.00 M‬‬
‪‪−7.00 M‬‬
‪0.00‬
‪‪7.00 M‬‬
‪‪14.00 M‬‬
Revenue
Net income
Net margin %
Revenue to profit conversion
Revenue
COGS
Gross profit
Op expenses
Op income
Non-Op income/ expenses
Taxes & Other
Net income
‪‪−4.20 M‬‬
‪‪−2.10 M‬‬
‪0.00‬
‪‪2.10 M‬‬
‪‪4.20 M‬‬
Revenue
COGS
Gross profit
Expenses & adjustments
Net income
‪‪−4.20 M‬‬
‪‪−2.10 M‬‬
‪0.00‬
‪‪2.10 M‬‬
‪‪4.20 M‬‬

Revenue breakdown

Revenue streams and regions a business earns money from

By source/business
Period: 2023
Payment Services
Point-of-sale Services
Support Services
Hardware and Installation Services
By country
Period: 2023
United States

Dividends

Dividend yield, history and sustainability

POSAF does not pay dividends
The company has not previously paid dividends and at the moment there is no information about whether it is going to pay them in the future

Financial health

Financial position and solvency of the company

Debt level and coverage
Q3 '23
Q4 '23
Q1 '24
Q2 '24
Q3 '24
‪‪−5.00 M‬‬
‪‪−2.50 M‬‬
‪0.00‬
‪‪2.50 M‬‬
‪‪5.00 M‬‬
Debt
Free cash flow
Cash & equivalents
Financial position analysis
Short term
Long term
‪0.00‬
‪‪1.60 M‬‬
‪‪3.20 M‬‬
‪‪4.80 M‬‬
‪‪6.40 M‬‬
Assets
Liabilities